Cogeco cable TV customers down 8,465 in quarter to End-November

Tuesday, January 13th, 2015
Cogeco logo

MONTRÉAL — Today, Cogeco Cable Inc. (TSX: CCA) (“Cogeco Cable” or the “Corporation”) announced its financial results for the first quarter of fiscal 2015, ended November 30, 2014, in accordance with International Financial Reporting Standards (“IFRS”).

Fiscal 2015 first-quarter net losses for Television service customers stood at 8,465 compared to 9,093 mainly as a result of service category maturity and competitive offers in the industry.

Customer Statistics

                                             Net additions (losses)
                                                     Quarters ended
                                                       November 30,
                                             ----------------------
                                                   2014        2013
                                             ----------  ----------
Television service customers     1,014,629      (8,465)     (9,093)
  Canada                           789,686      (7,479)     (7,122)
  USA                              224,943        (986)     (1,971)